RE: All short haul flights cancelled27 Feb 2022 11:44
British Airways and Iberia owner IAG is planning to add 15 widebody aircraft to its fleet in 2022 following a lull in deliveries last year, as the group seeks to meet recovering long-haul travel demand.
Speaking during a full-year earnings briefing today, IAG chief executive Luis Gallego explained that following the removal of “50 long-haul aircraft” from the group’s fleet during the Covid-19 crisis, “we need to bring in new aircraft to restore the capacity”.
As a result, IAG expects to add 25 aircraft this year – 15 of them widebody aircraft.
That move comes with IAG expecting group-wide capacity at 85% of 2019 levels for full-year 2022, amid forecasts of a strong recovery on transatlantic sectors, with BA expecting to be at pre-Covid capacity on such services in the third quarter. By the fourth quarter, the group expects Iberia to have reached pre-crisis capacity on its key Latin American services.